Clean Energy Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Type (Hydro and Ocean Power, Solar Energy, Bioenergy, Geothermal Energy, and Wind Energy) and End User (Residential, Commercial, and Industrial), and Geography

Description

List of Tables

The clean energy market was valued at US$ 479.62 billion in 2019 and is projected to reach US$ 1,229.74 billion by 2027; it is expected to grow at a CAGR of 13.0% during the forecast period from 2020 to 2027.

Several leading countries across the world are continuously investing in clean energy to increase their total energy supply composition percentage through clean energy sources. Significant investments in the development of improved and scalable clean energy projects, favorable policies by government, and rising demand to lower industrial carbon emissions would drive the growth of the clean energy market in the coming decade. Despite challenges associated with the high CapEx and weather conditions, solar and wind energy-based commercial projects continue to attract heavy investments by various end users and government agencies. Therefore, the clean energy market for these two forms of energy is projected to witness the fastest CAGR during 2020 to 2027. However, the hydroelectricity-based clean energy remains the most widely used clean energy type in many countries, and it is expected to maintain its market leadership in the clean energy market during the forecast period.

Developed regions such as North America and Europe collectively dominated the clean energy market in 2019 owing to substantial investments and early adoption of clean energy technologies. Emerging economies such as Asia, the Middle East, and Africa continue to rely heavily on conventional energy sources, such as thermal, coal, and oil, which account for the largest share in their overall energy supply.

APAC is the world's biggest energy consumer and comprises a few fastest-growing economies that are heavily investing in infrastructure development to minimize their dependence on conventional energy sources by developing clean energy technologies. Over the years, Asian countries, especially China and India, have emerged as the world's biggest market s for clean energy such as solar energy, wind energy, hydroelectricity, and bioenergy. Furthermore, majority of leading components and equipment manufacturers of solar and other clean energy type in these countries are heavily dominated by the large number of small and medium-sized market players in the clean energy market . However, the recent nationwide lockdown in various countries and disruptions in supply chain activities of several clean energy solutions providers, due to the COVID-19 pandemic, have hindered the growth of the clean energy market in APAC. As a result, several market players operating in these countries are likely to make strategic partnerships to accelerate business opportunities in the clean energy market .

The overall clean energy market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the clean energy market . The process also serves the purpose of obtaining an overview and forecast for the clean energy market with respect to all the segments. It also provides the overview and forecast for the global clean energy market based on all the segmentation provided with respect to four major regions-North America, Europe, Asia Pacific, MEA and SAM. Also, primary interviews were conducted with industry participants and commentators to validate data as well as to gain more analytical insights into the topic. Participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts and key opinion leaders specializing in the clean energy market .

Reasons to Buy:

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global clean energy market.

Highlights key business priorities in order to assist companies to realign their business strategies.

The key findings and recommendations highlight crucial progressive industry trends in the global clean energy market, thereby allowing players across the value chain to develop effective long-term strategies.

Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.

Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.

Product Code: TIPMC100001358

1. Introduction

1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Clean Energy Market Landscape

4.1 Market Overview
4.2 PEST Analysis
- 4.2.1 North America
- 4.2.2 Europe
- 4.2.3 APAC
- 4.2.4 MEA
- 4.2.5 SAM
4.3 Ecosystem Analysis
4.4 Expert Opinion

5. Clean Energy Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Substantial investment into clean energies and government support
- 5.1.2 Continuous R&D towards the development of efficient, clean energy technologies
5.2 Market Restraints
- 5.2.1 High CapEx costs
5.3 Market Opportunities
- 5.3.1 Synergistic business strategies with SMEs in the APAC region
5.4 Future Trends
- 5.4.1 Minimizing reliance on conventional energy sources
5.5 Impact Analysis of Drivers and Restraints

6. Clean Energy - Global Market Analysis

6.1 Clean Energy Market Overview
6.2 Clean Energy Market - Revenue, and Forecast to 2027 (US$ Billion)
6.3 Market Positioning - Global Market Players Ranking

7. Clean Energy Market Analysis - By Type

7.1 Overview
7.2 Clean Energy Market, By Type (2019 and 2027)
7.3 Hydro and Ocean Power
- 7.3.1 Overview
- 7.3.2 Hydro and Ocean Power: Clean Energy Market - Revenue, and Forecast to 2027 (US$ Billion)
7.4 Solar Energy
- 7.4.1 Overview
- 7.4.2 Solar Energy: Clean Energy Market - Revenue, and Forecast to 2027 (US$ Billion)
7.5 Bioenergy
- 7.5.1 Overview
- 7.5.2 Bioenergy: Clean Energy Market - Revenue, and Forecast to 2027 (US$ Billion)
7.6 Geothermal Energy
- 7.6.1 Overview
- 7.6.2 Geothermal Energy: Clean Energy Market - Revenue, and Forecast to 2027 (US$ Billion)
7.7 Wind Energy
- 7.7.1 Overview
- 7.7.2 Wind Energy: Clean Energy Market - Revenue, and Forecast to 2027 (US$ Billion)

8. Clean Energy Market Analysis - By End-user

8.1 Overview
8.2 Clean Energy Market, By End-user (2019 and 2027)
8.3 Residential
- 8.3.1 Overview
- 8.3.2 Residential: Clean Energy Market - Revenue, and Forecast to 2027 (US$ Billion)
8.4 Commercial
- 8.4.1 Overview
- 8.4.2 Commercial: Clean Energy Market - Revenue, and Forecast to 2027 (US$ Billion)
8.5 Industrial
- 8.5.1 Overview
- 8.5.2 Industrial: Clean Energy Market - Revenue, and Forecast to 2027 (US$ Billion)

9. Clean Energy Market - Geographic Analysis

9.1 Overview
9.2 North America: Clean Energy Market
- 9.2.1 North America: Clean Energy Market - Revenue, and Forecast to 2027 (US$ Billion)
- 9.2.2 North America: Clean Energy Market, by Type
- 9.2.3 North America: Clean Energy Market, by End-user
- 9.2.4 North America: Clean Energy Market, by Key Country
  - 9.2.4.1 US: Clean Energy Market - Revenue, and Forecast to 2027 (US$ Billion)
    - 9.2.4.1.1 US: Clean Energy Market, by Type
    - 9.2.4.1.2 US: Clean Energy Market, by End-user
  - 9.2.4.2 Canada: Clean Energy Market - Revenue, and Forecast to 2027 (US$ Billion)
    - 9.2.4.2.1 Canada: Clean Energy Market, by Type
    - 9.2.4.2.2 Canada: Clean Energy Market, by End-user
  - 9.2.4.3 Mexico: Clean Energy Market - Revenue, and Forecast to 2027 (US$ Billion)
    - 9.2.4.3.1 Mexico: Clean Energy Market, by Type
    - 9.2.4.3.2 Mexico: Clean Energy Market, by End-user
9.3 Europe: Clean Energy Market
- 9.3.1 Europe: Clean Energy Market - Revenue, and Forecast to 2027 (US$ Billion)
- 9.3.2 Europe: Clean Energy Market, by Type
- 9.3.3 Europe: Clean Energy Market, by End-user
- 9.3.4 Europe: Clean Energy Market, by Key Country
  - 9.3.4.1 UK: Clean Energy Market - Revenue, and Forecast to 2027 (US$ Billion)
    - 9.3.4.1.1 UK: Clean Energy Market, by Type
    - 9.3.4.1.2 UK: Clean Energy Market, by End-user
  - 9.3.4.2 Germany: Clean Energy Market - Revenue, and Forecast to 2027 (US$ Billion)
    - 9.3.4.2.1 Germany: Clean Energy Market, by Type
    - 9.3.4.2.2 Germany: Clean Energy Market, by End-user
  - 9.3.4.3 France: Clean Energy Market - Revenue, and Forecast to 2027 (US$ Billion)
    - 9.3.4.3.1 France: Clean Energy Market, by Type
    - 9.3.4.3.2 France: Clean Energy Market, by End-user
  - 9.3.4.4 Italy: Clean Energy Market - Revenue, and Forecast to 2027 (US$ Billion)
    - 9.3.4.4.1 Italy: Clean Energy Market, by Type
    - 9.3.4.4.2 Italy: Clean Energy Market, by End-user
  - 9.3.4.5 Russia: Clean Energy Market - Revenue, and Forecast to 2027 (US$ Billion)
    - 9.3.4.5.1 Russia: Clean Energy Market, by Type
    - 9.3.4.5.2 Russia: Clean Energy Market, by End-user
  - 9.3.4.6 Switzerland: Clean Energy Market - Revenue, and Forecast to 2027 (US$ Billion)
    - 9.3.4.6.1 Switzerland: Clean Energy Market, by Type
    - 9.3.4.6.2 Switzerland: Clean Energy Market, by End-user
  - 9.3.4.7 Rest of Europe: Clean Energy Market - Revenue, and Forecast to 2027 (US$ Billion)
    - 9.3.4.7.1 Rest of Europe: Clean Energy Market, by Type
    - 9.3.4.7.2 Rest of Europe: Clean Energy Market, by End-user
9.4 APAC: Clean Energy Market
- 9.4.1 APAC: Clean Energy Market - Revenue, and Forecast to 2027 (US$ Billion)
- 9.4.2 APAC: Clean Energy Market, by Type
- 9.4.3 APAC: Clean Energy Market, by End-user
- 9.4.4 APAC: Clean Energy Market, by Key Country
  - 9.4.4.1 China: Clean Energy Market - Revenue, and Forecast to 2027 (US$ Billion)
    - 9.4.4.1.1 China: Clean Energy Market, by Type
    - 9.4.4.1.2 China: Clean Energy Market, by End-user
  - 9.4.4.2 Japan: Clean Energy Market - Revenue, and Forecast to 2027 (US$ Billion)
    - 9.4.4.2.1 Japan: Clean Energy Market, by Type
    - 9.4.4.2.2 Japan: Clean Energy Market, by End-user
  - 9.4.4.3 India: Clean Energy Market - Revenue, and Forecast to 2027 (US$ Billion)
    - 9.4.4.3.1 India: Clean Energy Market, by Type
    - 9.4.4.3.2 India: Clean Energy Market, by End-user
  - 9.4.4.4 Australia: Clean Energy Market - Revenue, and Forecast to 2027 (US$ Billion)
    - 9.4.4.4.1 Australia: Clean Energy Market, by Type
    - 9.4.4.4.2 Australia: Clean Energy Market, by End-user
  - 9.4.4.5 South Korea: Clean Energy Market - Revenue, and Forecast to 2027 (US$ Billion)
    - 9.4.4.5.1 South Korea: Clean Energy Market, by Type
    - 9.4.4.5.2 South Korea: Clean Energy Market, by End-user
  - 9.4.4.6 Rest of APAC: Clean Energy Market - Revenue, and Forecast to 2027 (US$ Billion)
    - 9.4.4.6.1 Rest of APAC: Clean Energy Market, by Type
    - 9.4.4.6.2 Rest of APAC: Clean Energy Market, by End-user
9.5 MEA: Clean Energy Market
- 9.5.1 MEA: Clean Energy Market - Revenue, and Forecast to 2027 (US$ Billion)
- 9.5.2 MEA: Clean Energy Market, by Type
- 9.5.3 MEA: Clean Energy Market, by End-user
- 9.5.4 MEA: Clean Energy Market, by Key Country
  - 9.5.4.1 Saudi Arabia: Clean Energy Market - Revenue, and Forecast to 2027 (US$ Billion)
    - 9.5.4.1.1 Saudi Arabia: Clean Energy Market, by Type
    - 9.5.4.1.2 Saudi Arabia: Clean Energy Market, by End-user
  - 9.5.4.2 UAE: Clean Energy Market - Revenue, and Forecast to 2027 (US$ Billion)
    - 9.5.4.2.1 UAE: Clean Energy Market, by Type
    - 9.5.4.2.2 UAE: Clean Energy Market, by End-user
  - 9.5.4.3 South Africa: Clean Energy Market - Revenue, and Forecast to 2027 (US$ Billion)
    - 9.5.4.3.1 South Africa: Clean Energy Market, by Type
    - 9.5.4.3.2 South Africa: Clean Energy Market, by End-user
  - 9.5.4.4 Rest of MEA: Clean Energy Market - Revenue, and Forecast to 2027 (US$ Billion)
    - 9.5.4.4.1 Rest of MEA: Clean Energy Market, by Type
    - 9.5.4.4.2 Rest of MEA: Clean Energy Market, by End-user
9.6 SAM: Clean Energy Market
- 9.6.1 SAM: Clean Energy Market - Revenue, and Forecast to 2027 (US$ Billion)
- 9.6.2 SAM: Clean Energy Market, by Type
- 9.6.3 SAM: Clean Energy Market, by End-user
- 9.6.4 SAM: Clean Energy Market, by Key Country
  - 9.6.4.1 Brazil: Clean Energy Market - Revenue, and Forecast to 2027 (US$ Billion)
    - 9.6.4.1.1 Brazil: Clean Energy Market, by Type
    - 9.6.4.1.2 Brazil: Clean Energy Market, by End-user
  - 9.6.4.2 Argentina: Clean Energy Market - Revenue, and Forecast to 2027 (US$ Billion)
    - 9.6.4.2.1 Argentina: Clean Energy Market, by Type
    - 9.6.4.2.2 Argentina: Clean Energy Market, by End-user
  - 9.6.4.3 Rest of SAM: Clean Energy Market - Revenue, and Forecast to 2027 (US$ Billion)
    - 9.6.4.3.1 Rest of SAM: Clean Energy Market, by Type
    - 9.6.4.3.2 Rest of SAM: Clean Energy Market, by End-user

10. Impact of COVID-19 Pandemic on Global Clean Energy Market

10.1 Overview
- 10.1.1 North America: Impact Assessment of COVID-19 Pandemic
- 10.1.2 Europe: Impact Assessment of COVID-19 Pandemic
- 10.1.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
- 10.1.4 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
- 10.1.5 South America: Impact Assessment of COVID-19 Pandemic

11. Industry Landscape

11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition

12. Key Company Profiles

12.1 ABB Ltd.
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
12.2 American Electric Power Company, Inc.
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
12.3 Berkshire Hathaway Energy
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
12.4 Electricite de France S.A.
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
12.5 General Electric Company
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
12.6 NextEra Energy, Inc.
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
12.7 Renewable Energy Group, Inc.
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
12.8 Siemens AG
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
12.9 Suzlon Energy Limited
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments
12.10 Vestas Wind Systems A/S
- 12.10.1 Key Facts
- 12.10.2 Business Description
- 12.10.3 Products and Services
- 12.10.4 Financial Overview
- 12.10.5 SWOT Analysis
- 12.10.6 Key Developments

13. Appendix

13.1 About The Insight Partners
13.2 Word Index